If you don’t need the hassle of owning a bike, now is the time to get in on the ground floor of the Capital Region’s bike-share program.
The Capital District Transportation Authority announced pricing for the soon-to-launch program on Monday, including a “founding member” designation that will allow purchasers up to 90 minutes of riding per day for the next two years at a cost of $105 — a steep discount from regular pricing. Sign-ups are available now.
The basic rate for renting a CDPHP Cycle bicycle will be $5 per hour, with steep discounts for repeated use: a monthly pass allowing 60 minutes of riding time per day is priced at $15. There is also an annual pass being offered for $70, and a student annual pass for $35. The annual passes also allow for 60 minutes of riding time per day.
The CDPHP health plan is the bike-share’s corporate sponsor.
Officials looked at what bike-share programs across the state and around the country were charging in setting the prices, said CDTA spokeswoman Jaime Watson. For founding members, she said, there will be a gift bag, “and there’s some excitement with being a founding member.”
The bike-sharing program is expected to start around the end of this month, with bike kiosks at various locations in Schenectady, Saratoga Springs, Albany and Troy. Under a bike-share program, people can rent a bicycle within the network of self-service stations, returning it to the same station or another within the network.
The Capital Region program will start with 160 bicycles, but is expected to expand to 300 bicycles next summer. There will be 40 rental kiosks, including seven in Schenectady and four in Saratoga Springs. The system will run from spring through fall, but isn’t expected to operate during the winter months.
Social Bicycles of Brooklyn will provide the bikes and operate the system. Beyond what customers will pay, a $2 million, five-year U.S. Department of Transportation congestion mitigation grant is helping get the bike-share program off the ground, and a separate $2 million state grant will allow it to expand in 2018.
A new website, cdphpcycle.com, has been set up and includes information on the program, including how to sign up.